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Ecosystem Failures - Concurrences

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Given the capabilities and resources available among the ecosystem actors, less joint value and/or an inferior joint (system-level) innovation or solution is created than otherwise could be. Distributional failures are associated with participants&#8217; inability to capture value proportional to their contribution. <i>Distributional </i> failures occur either when the platform ecosystem design allows some members to abuse the system to capture disproportionate value, or when the ecosystem orchestrators abuse their dominance.</p></div> </div> <div class="definition-section"> <h3 id="part-texte" class="definition-section-title">Commentary</h3> <div class="crayon article-texte-117879 texte surlignable"><p>Ecosystem failures capture new inefficiencies related to competitive <i>and</i> cooperative dynamics that are distinct from the competitive behaviour in the subject of competition law. These consist of instances where an inferior product is supplied due to a misalignment in the incentives of ecosystem participants or when the value generated is distributed in a way that fails to sufficiently compensate one or many ecosystem participants. Analysis of such ecosystem failures takes an ecosystem-wide approach and considers the aggregate of the various complementary products and associated firms as the relevant domain of competition analysis; it incorporates the analysis of complementarities between interconnected products rather than just focusing on product substitution; it integrates the impact of interdependencies across markets rather than concentrate on a single “relevant” product market. Although the recent Digital Markets Act by the EU regulating digital platforms does not explicitly refer to ecosystem failures, it includes several pointers throughout the text to new types of ecosystem harms. To the extent that these introduce inefficiencies, they refer to situations that could be assimilated to ecosystem failure problems. The DMA refers, for instance, to “control over whole platform ecosystems” (a gatekeeping position) as a possibly inefficient structural barrier to entry for other players; or the ability of gatekeepers to leverage their dominant position in the ecosystem to create unequal and possibly inefficient conditions of access for some third-party members of the ecosystem to the core and ancillary platform services. More specifically, Articles 5 and 6 of the DMA identify potentially harmful conduct of the gatekeeper, thus imposing obligations to gatekeepers to refrain from these activities or remove such obstacles. To the extent that the gatekeeper’s conduct leads to a distortion of business users’ incentives or ability to contribute to the ecosystem and to the extent that such distortion decreases the overall value provided by the ecosystem, identified conduct could represent an ecosystem failure.</p> <p>In the <i>Google Android</i> case (2018), the <i>EU Commission </i> established that Google abused its dominant position in the worldwide market for Android app stores by, among other things, “making the licensing of the Play Store and the Google Search app conditional on the anti-fragmentation obligations in the anti-fragmentation agreements.” The Commission referred to potential issues of distributional failures by arguing that Google exploited is in a dominant position over the Android ecosystem to its own advantage and to the detriment of other members of the ecosystem. The theory of ecosystem failures points to ecosystem fragmention, including forking and incompatibility, as potential issues leading to functional failures. Google submitted that “anti-fragmentation obligations are necessary to protect the Android ecosystem,” […] “to ensure the interoperability of the Android ecosystem,” […] and “to prevent fragmentation that would be detrimental to the Android ecosystem.” The Commission, however, concluded that Google did not provide evidence in support of those arguments.</p> <p>In the <i>AGCM vs Amazon Italia case </i> (2021), the Italian Antitrust authority fined Amazon Italia €1.13bn for treating preferentially Amazon Marketplace third-party sellers who used its logistics and delivery services, FBA (Fulfilled by Amazon) – i.e., “Prime” affiliated sellers, at the detriment of “non-prime” sellers. The AGCM argued that Amazon Italia applied more stringent rules to “non-prime” sellers. This made it more difficult and costly for them to comply with the quality standards related to delivery and, as a result, less likely for their products to be displayed among the top choices in customer searches compared to products by “prime” sellers, independently of product or seller quality differences. The AGCM argued that “Prime” sellers were more discoverable and so more likely to secure demand from customers, benefiting systematically from a competitive advantage compared to non-prime sellers. This competitive advantage was artificially created by Amazon Italia’s differential treatment. The AGCM did not take issue with the fact that Amazon Italia had a business model built around a “complete ecosystem” integrating multiple services, whereby Amazon plays multiple roles. However, the AGCM argued that Amazon Italia had “artificially tied two separate services”, Prime Seller benefits and FBA service, to “create an illegitimate incentive” to buy FBA services. This strategy was deemed to “falsify” competition between Amazon Italia’s logistics service and its competitors. While the AGCM did not provide systematic empirical evidence of this issue, under an ecosystem failures framework, this logic would refer primarily to preferential treatment of “Prime” sellers as a possible manifestation of distributional ecosystem failures (“Prime” sellers capturing higher value (compared to “non-Prime” sellers) as result of the platform ecosystem design). Ultimately this would lead to functional ecosystem failures to the extent that this preferential treatment was leading to reduced participation of sellers, as well as a reduced variety and quality of offerings and higher price of offerings for customers.</p> <p>In the recent decision by the EU Commission to block the proposed acquisition of Flugo Group <i>Holdings AB (‘’eTraveli’) by Booking Holdings (‘’Booking’)</i> (2023), the Commission referred to the strengthening of Booking’s “travel services ecosystem” as problematic. Albeit not explicit in the motivation, the Commission pointed to possible ecosystem failures, both functional and distributional. Post-merger, Booking would enjoy an increased bargaining position in the ecosystem towards hotels (in this case, the ecosystem complementors), which it could exploit to possibly divert demand from cheaper sales channels to Booking and charge higher commission fees to hotels (a distributional failure), eventually leading to higher prices for customers or reduced booking options (a functional failure). However, the Commission did not point to specific conditions of the post-merger ecosystem structure that would cause an ecosystem failure, referring instead more generically to network effects and customer inertia as factors reinforcing, in fact, the enlarged ecosystem of Booking, making it harder for rival platforms to compete. Hence, it seems that the Commission considered the merger problematic because it created greater ecosystem efficiencies (rather than failures).</p> <p>In the CMA’s final report (2023) on the proposed acquisition of <i>Activision by Microsoft</i>, the agency contended that, “Microsoft has a multi-product ecosystem that places it in a very strong position relative to most or all rivals in the growing market for cloud gaming services”, which Microsoft could leverage “to engage in a foreclosure strategy using Activision’s content”. Thus, the CMA’s logic identified possible risks of functional failures of the emerging cloud gaming services ecosystem due to the incentives that the post-merger ecosystem structure would grant to Microsoft to abuse its central position in its ecosystem and extract rents from ecosystem participants (while potentially excluding rivals from participanting). It is interesting to note that, in its response, Microsoft submitted an opposite view: that the current ecosystem design, centered around the mobile OS ecosystem, was undermining the effectiveness of the cloud gaming services by limiting customer experience and “discoverability on mobile due to app store restrictions.” Microsoft thus saw the merger as a way to change the design of the existing ecosystem and address these shortcomings to facilitate the growth of cloud gaming services.</p> <p>Overall, the agencies tend to be concerned more with potential distributional failures that might originate from ecosystem orchestrators abusing their central position in the ecosystem and less with other potential inefficiencies leading to functional failures. As the analytical tools and knowledge for assessing these ecosystem-wide issues improve, we might expect agencies to consider these broader (in)efficiencies in their assessment.</p></div> </div> <div class="definition-section"> <h3 id="part-jurisprudence" class="definition-section-title">Case references</h3> <div class="crayon article-reference-117879 reference"><p><a href="https://assets.publishing.service.gov.uk/media/644939aa529eda000c3b0525/Microsoft_Activision_Final_Report_.pdf" class="spip_out" rel="external">2023, CMA v Microsoft on proposed acquisition of Activision Blizzard, final report.</a></p> <p><a href="https://www.concurrences.com/en/bulletin/news-issues/september-2023/the-eu-commission-prohibits-the-proposed-acquisition-of-a-global-online-travel">M.10615, 2023, Booking.com on proposed acquisition of eTraveli.</a></p> <p>Case A528, 2021, AGCM v Amazon Europe for possible abuse of cominant position in marketplace e-commerce and logistics services.</p> <p><a href="https://www.concurrences.com/en/bulletin/news-issues/july-2018/the-eu-commission-fines-a-multinational-technology-company-for-abuse-of-87420">Case AT.40099, 2018, Google Android antitrust procedure for infringement of article 102 TFEU and article 54 of the EEA Agreement.</a></p></div> </div> <div class="definition-section"> <h3 id="part-biblio" class="definition-section-title">Bibliography</h3> <div class="crayon article-ps-117879 jurisprudence"><p>Cennamo, C., Kretschmer, T., Constantinides, P., Alaimo, C., Santaló, J., 2023. Digital platforms regulation: an innovation-centric view of the EU’s Digital Market Act. Journal of European Competition Law &amp; Practice 14 (1): 44-51.</p> <p>Cennamo, C. 2023. The EU Digital Markets Act: It Is Not About Markets But Ecosystem Failures! Network Law Review (July). <a href="https://www.networklawreview.org/dma-ecosystems/" class="spip_url spip_out auto" rel="nofollow external">https://www.networklawreview.org/dma-ecosystems/</a></p> <p>Jacobides, MG, Cennamo, C, Gawer, A. 2024. Externalities and complementarities in platforms and ecosystems: From structural solutions to endogenous failures. Research Policy 53: 104906.</p> <p>Jacobides, MG, Lianos, I. 2021. Ecosystems and competition law in theory and practice. Industrial and Corporate Change 30 (5): 1199–1229.</p> <p>Zhu, F., Liu, Q., 2018. Competing with complementors: an empirical look at Amazon.com. Strategic Management Journal 39 (10): 2618–2642.</p> <p><strong>Acknowledgements:</strong> this entry note has benefited highly from valuable feedback from Eliana Garces, Annabelle Gawer, Martina Facino, Daniel Sokol, Jan Krämer, Bruno Carballa Smichowski, Juan Santaló, Thibault Schrepel.</p></div> </div> </div> </div> <aside class="section__aside side-col"> <div class="miniplan miniplan_definition sticky-top" id="definition-index"> <ul class="nav nav-list"> <li><a href="//en/dictionary/ecosystem-failures#part-apercu" data-target="#part-apercu">Definition</a></li> <li><a href="//en/dictionary/ecosystem-failures#part-texte" data-target="#part-texte">Commentary</a></li> <li><a href="//en/dictionary/ecosystem-failures#part-jurisprudence" data-target="#part-jurisprudence">Case references</a></li> <li><a href="//en/dictionary/ecosystem-failures#part-biblio" data-target="#part-biblio">Bibliography</a></li> </ul> </div> <h2>Author</h2> <div class="auteurs"> <ul class="liste-items liste-items-well"> <li class="item"><div class="entry auteur" itemscope itemtype="http://schema.org/Person"> <strong class="entry-title"> <a href="en/authors/carmelo-cennamo" itemprop="url"> <span class='logo-img-wrapper spip_logo' style="width:50px;"><span class="img" style="display:block;position:relative;height:0;width:100%;padding-bottom:100%;overflow:hidden;background:url(local/cache-vignettes/L100xH100/auton114783-09b35.jpg?1711359211) no-repeat center;background-size:100%;"> </span></span> <span itemprop="name" class="nom">Carmelo Cennamo</span></a> </strong> <div class="entry-content"> <span class='organisation' itemprop="worksFor" itemtype="http://schema.org/Organization">Copenhagen Business School</span> </div> <div class="entry-meta"> <span class="pays">Denmark</span> <span class="articles"><em>7</em> contributions</span> <span class="visites"><em>4058</em> visits</span> </div> </div></li> </ul> </div> <div class="well citation"> <h2>Quotation</h2> <article class="entry article article-dictionary hentry"> <span class="authors">Carmelo Cennamo, </span> <span class="entry-title">Ecosystem Failures</span><span class="rubrique"><span class="sep">, </span> Global Dictionary of Competition Law, Concurrences, Art. N&deg; 117878</span> </article> </div> <div class="well stats"> <p><i class="picto picto-eye"></i> <b>Visits</b> <em class="number">356</em></p> </div> </aside> </div> </section> <div class="index-overlay collapse" id="index"> <span class="arrow-top"></span> <button class="close">&times;</button> <div class="glossaire-index"> <div class="main"> <div class="index"> <a class="lettre" href="//en/dictionary/ecosystem-failures#a" data-anchor="#a">a</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#b" data-anchor="#b">b</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#c" data-anchor="#c">c</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#d" data-anchor="#d">d</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#e" data-anchor="#e">e</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#f" data-anchor="#f">f</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#g" data-anchor="#g">g</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#h" data-anchor="#h">h</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#i" data-anchor="#i">i</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#j" data-anchor="#j">j</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#k" data-anchor="#k">k</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#l" data-anchor="#l">l</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#m" data-anchor="#m">m</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#n" data-anchor="#n">n</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#o" data-anchor="#o">o</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#p" data-anchor="#p">p</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#r" data-anchor="#r">r</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#s" data-anchor="#s">s</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#t" data-anchor="#t">t</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#u" data-anchor="#u">u</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#v" data-anchor="#v">v</a> <a class="lettre" href="//en/dictionary/ecosystem-failures#w" data-anchor="#w">w</a> </div> </div> <div class="row entree" id="a"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">a</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/absolute-territorial-protection">Absolute territorial protection </a> <span class="sep">•</span> <a href="en/dictionary/abuse-of-dominant-position-en">Abuse of dominant position</a> <span class="sep">•</span> <a href="en/dictionary/abuse-of-economic-dependence">Abuse of economic dependence</a> <span class="sep">•</span> <a href="en/dictionary/access-to-the-file-en">Access to the file</a> <span class="sep">•</span> <a href="en/dictionary/actual-competitor">Actual competitor </a> <span class="sep">•</span> <a href="en/dictionary/administered-prices">Administered prices</a> <span class="sep">•</span> <a href="en/dictionary/advisory-committee-118302">Advisory committee</a> <span class="sep">•</span> <a href="en/dictionary/agent-en">Agent</a> <span class="sep">•</span> <a href="en/dictionary/agreement-notion-en">Agreement (notion)</a> <span class="sep">•</span> <a href="en/dictionary/ai-collusion-algorithm">AI Collusion (Algorithm)</a> <span class="sep">•</span> <a href="en/dictionary/AKZO-Procedure">AKZO Procedure </a> <span class="sep">•</span> <a href="en/dictionary/amicus-curiae">Amicus curiae</a> <span class="sep">•</span> <a href="en/dictionary/ancillary-restraints">Ancillary restraints </a> <span class="sep">•</span> <a href="en/dictionary/annulment">Annulment</a> <span class="sep">•</span> <a href="en/dictionary/anticompetitive-market-distortions">Anticompetitive Market Distortions</a> <span class="sep">•</span> <a href="en/dictionary/anticompetitive-object-or-effect-en">Anticompetitive object or effect</a> <span class="sep">•</span> <a href="en/dictionary/anticompetitive-practices">Anticompetitive practices</a> <span class="sep">•</span> <a href="en/dictionary/Antitrust">Antitrust</a> <span class="sep">•</span> <a href="en/dictionary/applicable-law">Applicable law</a> <span class="sep">•</span> <a href="en/dictionary/arbitration">Arbitration</a> <span class="sep">•</span> <a href="en/dictionary/article-11-letter">Article 11 letter </a> <span class="sep">•</span> <a href="en/dictionary/artificial-intelligence">Artificial Intelligence </a> <span class="sep">•</span> <a href="en/dictionary/aec-as-efficient-competitor-principle-and-test">As-Efficient Competitor (AEC)</a> </div> </div> </div> <div class="row entree" id="b"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">b</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/barriers-to-entry-en">Barriers to entry</a> <span class="sep">•</span> <a href="en/dictionary/bertrand-nash-equilibrium">Bertrand (Nash) equilibrium</a> <span class="sep">•</span> <a href="en/dictionary/bid-rigging">Bid rigging</a> <span class="sep">•</span> <a href="en/dictionary/block-exemption-regulation">Block exemption (Regulation) </a> <span class="sep">•</span> <a href="en/dictionary/boycott">Boycott</a> <span class="sep">•</span> <a href="en/dictionary/brand-competition-en">Brand competition</a> <span class="sep">•</span> <a href="en/dictionary/bundling">Bundling</a> <span class="sep">•</span> <a href="en/dictionary/burden-of-proof">Burden of proof</a> <span class="sep">•</span> <a href="en/dictionary/buyer-power">Buyer power </a> </div> </div> </div> <div class="row entree" id="c"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">c</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/cartel">Cartel </a> <span class="sep">•</span> <a href="en/dictionary/clearance-phase-ii-merger">Clearance phase II (merger)</a> <span class="sep">•</span> <a href="en/dictionary/collecting-society">Collecting society </a> <span class="sep">•</span> <a href="en/dictionary/collective-dominance">Collective dominance</a> <span class="sep">•</span> <a href="en/dictionary/collective-redress-class-action">Collective redress (class action)</a> <span class="sep">•</span> <a href="en/dictionary/comity">Comity </a> <span class="sep">•</span> <a href="en/dictionary/commission-communication">Commission communication</a> <span class="sep">•</span> <a href="en/dictionary/competence">Competence </a> <span class="sep">•</span> <a href="en/dictionary/competition-policy-89181">Competition policy</a> <span class="sep">•</span> <a href="en/dictionary/complaint">Complaint </a> <span class="sep">•</span> <a href="en/dictionary/Compliance-programme">Compliance programme </a> <span class="sep">•</span> <a href="en/dictionary/compulsory-license">Compulsory license</a> <span class="sep">•</span> <a href="en/dictionary/concentration-indexes-en">Concentration indexes</a> <span class="sep">•</span> <a href="en/dictionary/concerted-practices-en">Concerted practices</a> <span class="sep">•</span> <a href="en/dictionary/concession-86056">Concession</a> <span class="sep">•</span> <a href="en/dictionary/concurrent-jurisdiction">Concurrent jurisdiction</a> <span class="sep">•</span> <a href="en/dictionary/Consortium-12192">Consortium </a> <span class="sep">•</span> <a href="en/dictionary/consumer-protection">Consumer protection</a> <span class="sep">•</span> <a href="en/dictionary/consumers-associations-en">Consumers&#8217; associations</a> <span class="sep">•</span> <a href="en/dictionary/control-change">Control (change)</a> <span class="sep">•</span> <a href="en/dictionary/control-notion">Control (notion)</a> <span class="sep">•</span> <a href="en/dictionary/cooperation-between-competition-authorities-en">Cooperation between competition authorities</a> <span class="sep">•</span> <a href="en/dictionary/coordinated-effects">Coordinated effects</a> <span class="sep">•</span> <a href="en/dictionary/copyright">Copyright</a> <span class="sep">•</span> <a href="en/dictionary/corruption">Corruption</a> <span class="sep">•</span> <a href="en/dictionary/cost-based-access">Cost-based access</a> <span class="sep">•</span> <a href="en/dictionary/cournot-nash-equilibrium">Cournot (Nash) equilibrium</a> <span class="sep">•</span> <a href="en/dictionary/criminal-sanctions">Criminal sanctions</a> <span class="sep">•</span> <a href="en/dictionary/cross-subsidisation">Cross subsidisation </a> </div> </div> </div> <div class="row entree" id="d"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">d</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/damages">Damages</a> <span class="sep">•</span> <a href="en/dictionary/de-minimis-notice">De minimis notice</a> <span class="sep">•</span> <a href="en/dictionary/digital-markets-act">Digital Markets Act</a> <span class="sep">•</span> <a href="en/dictionary/direct-effect">Direct effect</a> <span class="sep">•</span> <a href="en/dictionary/discriminatory-practices">Discriminatory practices</a> <span class="sep">•</span> <a href="en/dictionary/distribution-agreement">Distribution agreement</a> <span class="sep">•</span> <a href="en/dictionary/divestiture">Divestiture</a> <span class="sep">•</span> <a href="en/dictionary/dominance-notion">Dominance (notion)</a> <span class="sep">•</span> <a href="en/dictionary/downstream-market-117440">Downstream market</a> </div> </div> </div> <div class="row entree" id="e"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">e</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/echr">ECHR</a> <span class="sep">•</span> <a href="en/dictionary/economic-analysis">Economic analysis</a> <span class="sep">•</span> <a href="en/dictionary/economic-efficiency">Economic efficiency</a> <span class="sep">•</span> <a href="en/dictionary/economies-of-scale">Economies of scale </a> <span class="sep">•</span> <a href="en/dictionary/ecosystem-failures">Ecosystem Failures</a> <span class="sep">•</span> <a href="en/dictionary/effect-on-trade-between-member-states">Effect on trade between Member States</a> <span class="sep">•</span> <a href="en/dictionary/effective-judicial-protection">Effective judicial protection</a> <span class="sep">•</span> <a href="en/dictionary/effects-doctrine-118100">Effects doctrine</a> <span class="sep">•</span> <a href="en/dictionary/efta-surveillance-authority-esa-court">EFTA Surveillance Authority (ESA) &amp; Court </a> <span class="sep">•</span> <a href="en/dictionary/environmental-protection-en">Environmental protection</a> <span class="sep">•</span> <a href="en/dictionary/error-costs-108946">Error costs</a> <span class="sep">•</span> <a href="en/dictionary/essential-facility">Essential facility</a> <span class="sep">•</span> <a href="en/dictionary/european-competition-network-ecn-en">European Competition Network (ECN)</a> <span class="sep">•</span> <a href="en/dictionary/excessive-prices-en">Excessive prices</a> <span class="sep">•</span> <a href="en/dictionary/exchange-of-information">Exchanges of information</a> <span class="sep">•</span> <a href="en/dictionary/exclusionary-practice">Exclusionary practice </a> <span class="sep">•</span> <a href="en/dictionary/Exclusive-distribution-12218">Exclusive distribution </a> <span class="sep">•</span> <a href="en/dictionary/exclusive-purchasing-en">Exclusive purchasing agreement</a> <span class="sep">•</span> <a href="en/dictionary/exclusive-right-art-106-tfeu">Exclusive right (Art. 106 TFEU)</a> <span class="sep">•</span> <a href="en/dictionary/exclusivity-clause">Exclusivity clause</a> <span class="sep">•</span> <a href="en/dictionary/Exhaustion">Exhaustion </a> <span class="sep">•</span> <a href="en/dictionary/Extra-territoriality">Extra-territoriality</a> </div> </div> </div> <div class="row entree" id="f"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">f</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/Failing-firm-defence">Failing firm defence</a> <span class="sep">•</span> <a href="en/dictionary/fidelity-rebates">Fidelity rebates</a> <span class="sep">•</span> <a href="en/dictionary/Fine">Fine</a> <span class="sep">•</span> <a href="en/dictionary/fintech">Fintech</a> <span class="sep">•</span> <a href="en/dictionary/foreclosure-117887">Foreclosure</a> <span class="sep">•</span> <a href="en/dictionary/foreign-direct-investment-fdi">Foreign direct investment (FDI)</a> <span class="sep">•</span> <a href="en/dictionary/foreign-subsidies">Foreign Subsidies</a> <span class="sep">•</span> <a href="en/dictionary/form-co">Form CO (EU) </a> <span class="sep">•</span> <a href="en/dictionary/frand">FRAND</a> <span class="sep">•</span> <a href="en/dictionary/Free-riding">Free riding </a> </div> </div> </div> <div class="row entree" id="g"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">g</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/geographic-market">Geographic market</a> <span class="sep">•</span> <a href="en/dictionary/corporate-group">Group of undertakings</a> <span class="sep">•</span> <a href="en/dictionary/group-purchasing-organization">Group purchasing organization</a> <span class="sep">•</span> <a href="en/dictionary/guidelines-119080">Guidelines</a> <span class="sep">•</span> <a href="en/dictionary/gun-jumping">Gun jumping</a> </div> </div> </div> <div class="row entree" id="h"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">h</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/hard-core-restrictions">Hard core restrictions</a> <span class="sep">•</span> <a href="en/dictionary/Hearing-officer">Hearing officer </a> <span class="sep">•</span> <a href="en/dictionary/horizontal-agreement">Horizontal cooperation agreement</a> <span class="sep">•</span> <a href="en/dictionary/hsr-filing-us-108854">HSR Filing (US)</a> </div> </div> </div> <div class="row entree" id="i"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">i</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/independence-and-impartiality">Independence and impartiality</a> <span class="sep">•</span> <a href="en/dictionary/individual-exemption-86377">Individual exemption</a> <span class="sep">•</span> <a href="en/dictionary/industrial-policy">Industrial policy</a> <span class="sep">•</span> <a href="en/dictionary/intellectual-property-right-en">Intellectual property right</a> <span class="sep">•</span> <a href="en/dictionary/inter-brand-competition">Inter-brand competition </a> <span class="sep">•</span> <a href="en/dictionary/Interim-measures">Interim measures </a> <span class="sep">•</span> <a href="en/dictionary/international-co-operation">International co-operation </a> <span class="sep">•</span> <a href="en/dictionary/international-competition-network-icn">International competition network (ICN) </a> <span class="sep">•</span> <a href="en/dictionary/investigations-inquiries-en">Investigations / inquiries</a> </div> </div> </div> <div class="row entree" id="j"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">j</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/judicial-review">Judicial review</a> </div> </div> </div> <div class="row entree" id="k"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">k</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/Know-how">Know-how </a> </div> </div> </div> <div class="row entree" id="l"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">l</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/legal-privilege">Legal privilege</a> <span class="sep">•</span> <a href="en/dictionary/Leniency-programme">Leniency</a> <span class="sep">•</span> <a href="en/dictionary/lerner-index">Lerner index</a> <span class="sep">•</span> <a href="en/dictionary/letter-of-formal-notice-118055">Letter of formal notice </a> <span class="sep">•</span> <a href="en/dictionary/licensing">Licensing</a> <span class="sep">•</span> <a href="en/dictionary/limitation-period-119083">Limitation Period </a> </div> </div> </div> <div class="row entree" id="m"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">m</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/margin-squeeze">Margin squeeze</a> <span class="sep">•</span> <a href="en/dictionary/marginal-costs">Marginal costs </a> <span class="sep">•</span> <a href="en/dictionary/market-economy-investor">Market economy investor</a> <span class="sep">•</span> <a href="en/dictionary/market-power">Market power</a> <span class="sep">•</span> <a href="en/dictionary/market-share">Market share </a> <span class="sep">•</span> <a href="en/dictionary/media-pluralism">Media pluralism</a> <span class="sep">•</span> <a href="en/dictionary/merger-notion-12318-en">Merger (notion)</a> <span class="sep">•</span> <a href="en/dictionary/merger-prohibition">Merger (prohibition)</a> <span class="sep">•</span> <a href="en/dictionary/merger-withdrawal-118046">Merger (withdrawal)</a> <span class="sep">•</span> <a href="en/dictionary/Merger-control-procedure">Merger control procedure </a> <span class="sep">•</span> <a href="en/dictionary/merger-remedies-100323">Merger remedies</a> <span class="sep">•</span> <a href="en/dictionary/minority-shareholdings-89176">Minority shareholdings</a> <span class="sep">•</span> <a href="en/dictionary/misinformation">Misinformation</a> <span class="sep">•</span> <a href="en/dictionary/mobility-barriers-117741">Mobility Barriers</a> <span class="sep">•</span> <a href="en/dictionary/Monopoly">Monopoly </a> </div> </div> </div> <div class="row entree" id="n"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">n</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/ne-bis-in-idem-86490">Ne bis in idem</a> <span class="sep">•</span> <a href="en/dictionary/negative-clearance-118047">Negative clearance</a> <span class="sep">•</span> <a href="en/dictionary/Network-effect">Network effect </a> <span class="sep">•</span> <a href="en/dictionary/non-compete-obligation-12156-en">Non-compete obligation </a> <span class="sep">•</span> <a href="en/dictionary/non-horizontal-mergers">Non-Horizontal Mergers </a> <span class="sep">•</span> <a href="en/dictionary/notification-12310">Notification</a> <span class="sep">•</span> <a href="en/dictionary/nullity">Nullity </a> </div> </div> </div> <div class="row entree" id="o"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">o</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/oligopoly">Oligopoly </a> <span class="sep">•</span> <a href="en/dictionary/online-platforms">Online Platforms</a> </div> </div> </div> <div class="row entree" id="p"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">p</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/parallel-imports-parallel-trade-en">Parallel imports (parallel trade)</a> <span class="sep">•</span> <a href="en/dictionary/passing-on-en">Passing-on</a> <span class="sep">•</span> <a href="en/dictionary/Passive-sales">Passive sales </a> <span class="sep">•</span> <a href="en/dictionary/patents">Patents</a> <span class="sep">•</span> <a href="en/dictionary/pay-for-delay">Pay-for-delay</a> <span class="sep">•</span> <a href="en/dictionary/periodic-penalty-payment">Periodic penalty payment</a> <span class="sep">•</span> <a href="en/dictionary/potential-competition">Potential competition </a> <span class="sep">•</span> <a href="en/dictionary/predatory-pricing">Predatory pricing</a> <span class="sep">•</span> <a href="en/dictionary/preliminary-rulings-art-267-tfue">Preliminary ruling (Art. 267 TFUE) </a> <span class="sep">•</span> <a href="en/dictionary/price-discrimination-en">Price discrimination </a> <span class="sep">•</span> <a href="en/dictionary/price-leadership">Price leadership</a> <span class="sep">•</span> <a href="en/dictionary/price-signaling">Price signalling</a> <span class="sep">•</span> <a href="en/dictionary/price-fixing-agreement">Price-fixing agreement</a> <span class="sep">•</span> <a href="en/dictionary/prices-en">Prices</a> <span class="sep">•</span> <a href="en/dictionary/principle-of-equal-treatment">Principle of equal treatment</a> <span class="sep">•</span> <a href="en/dictionary/principle-of-equivalence">Principle of equivalence</a> <span class="sep">•</span> <a href="en/dictionary/principle-of-proportionality">Principle of proportionality</a> <span class="sep">•</span> <a href="en/dictionary/privacy-and-data-protection">Privacy and data protection</a> <span class="sep">•</span> <a href="en/dictionary/private-enforcement">Private enforcement</a> <span class="sep">•</span> <a href="en/dictionary/privatization-en">Privatization</a> <span class="sep">•</span> <a href="en/dictionary/procedural-autonomy">Procedural autonomy</a> <span class="sep">•</span> <a href="en/dictionary/professional-association-86373-en">Professional association</a> <span class="sep">•</span> <a href="en/dictionary/public-procurement">Public procurement</a> <span class="sep">•</span> <a href="en/dictionary/Public-undertaking">Public undertaking</a> </div> </div> </div> <div class="row entree" id="r"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">r</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/r-d-agreement">R&amp;D agreement</a> <span class="sep">•</span> <a href="en/dictionary/case-referral-system-mergers">Referral (merger)</a> <span class="sep">•</span> <a href="en/dictionary/refusal-to-deal">Refusal to deal</a> <span class="sep">•</span> <a href="en/dictionary/the-registry-of-the-general-court-of-the-european-union">Registry of the General Court of the European Union</a> <span class="sep">•</span> <a href="en/dictionary/Relevant-market">Relevant market</a> <span class="sep">•</span> <a href="en/dictionary/remedies-antitrust-en">Remedies (antitrust)</a> <span class="sep">•</span> <a href="en/dictionary/request-for-information">Request for information</a> <span class="sep">•</span> <a href="en/dictionary/resale-below-cost-en">Resale below cost </a> <span class="sep">•</span> <a href="en/dictionary/resale-price-maintenance-rpm">Resale price maintenance (RPM)</a> <span class="sep">•</span> <a href="en/dictionary/restriction-on-exportation">Restriction on exportation </a> <span class="sep">•</span> <a href="en/dictionary/rule-of-reason">Rule of reason</a> </div> </div> </div> <div class="row entree" id="s"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">s</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/sunk-costs-117836"> Sunk Costs </a> <span class="sep">•</span> <a href="en/dictionary/sector-inquiry">Sector inquiry</a> <span class="sep">•</span> <a href="en/dictionary/selective-distribution">Selective distribution </a> <span class="sep">•</span> <a href="en/dictionary/self-preference-111802">Self-Preference</a> <span class="sep">•</span> <a href="en/dictionary/Services-of-general-economic">Services of general economic interest </a> <span class="sep">•</span> <a href="en/dictionary/Single-branding">Single branding </a> <span class="sep">•</span> <a href="en/dictionary/sole-control">Sole control</a> <span class="sep">•</span> <a href="en/dictionary/specialization-agreements">Specialization agreements </a> <span class="sep">•</span> <a href="en/dictionary/Spill-over-effects">Spill-over effects </a> <span class="sep">•</span> <a href="en/dictionary/standard-essential-patent-sep">Standard-Essential Patent (SEP)</a> <span class="sep">•</span> <a href="en/dictionary/state-action-defense">State action defence</a> <span class="sep">•</span> <a href="en/dictionary/state-aid-compatibility">State aid (compatibility)</a> <span class="sep">•</span> <a href="en/dictionary/state-aid-existing-aid">State aid (existing aid) </a> <span class="sep">•</span> <a href="en/dictionary/state-aid-notification-en">State aid (notification)</a> <span class="sep">•</span> <a href="en/dictionary/state-aid">State aid (notion)</a> <span class="sep">•</span> <a href="en/dictionary/state-aid-recovery">State aid (recovery) </a> <span class="sep">•</span> <a href="en/dictionary/state-aid-unlawful-aid">State aid (unlawful aid) </a> <span class="sep">•</span> <a href="en/dictionary/State-measure">State measure </a> <span class="sep">•</span> <a href="en/dictionary/Statement-of-objections-SO">Statement of objections (SO) </a> <span class="sep">•</span> <a href="en/dictionary/Substitutability">Substitutability </a> <span class="sep">•</span> <a href="en/dictionary/sustainability">Sustainability</a> <span class="sep">•</span> <a href="en/dictionary/switching-costs">Switching Costs</a> </div> </div> </div> <div class="row entree" id="t"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">t</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/technology-transfer">Technology transfer</a> <span class="sep">•</span> <a href="en/dictionary/test-siec-merger-en">Test SIEC (merger)</a> <span class="sep">•</span> <a href="en/dictionary/merger-slc-src-sdc-tests">Test SLC (merger)</a> <span class="sep">•</span> <a href="en/dictionary/tipping">Tipping</a> <span class="sep">•</span> <a href="en/dictionary/business-secrets">Trade Secrets</a> <span class="sep">•</span> <a href="en/dictionary/trademark">Trademark</a> <span class="sep">•</span> <a href="en/dictionary/trustee-mergers-en">Trustee (mergers)</a> <span class="sep">•</span> <a href="en/dictionary/turnover-threshold-merger">Turnover threshold (merger)</a> <span class="sep">•</span> <a href="en/dictionary/two-sided-market">Two-sided market</a> </div> </div> </div> <div class="row entree" id="u"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">u</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/undertaking-notion">Undertaking (notion)</a> <span class="sep">•</span> <a href="en/dictionary/unfair-competition">Unfair competition</a> <span class="sep">•</span> <a href="en/dictionary/universal-service-118054">Universal Service</a> <span class="sep">•</span> <a href="en/dictionary/upstream-market">Upstream market </a> </div> </div> </div> <div class="row entree" id="v"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">v</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/variable-costs">Variable costs </a> <span class="sep">•</span> <a href="en/dictionary/Vertical-agreement">Vertical agreement</a> <span class="sep">•</span> <a href="en/dictionary/vertical-restraints-or-restrictions">Vertical restraints (or restrictions)</a> </div> </div> </div> <div class="row entree" id="w"> <div class="col-xs-2 col-sm-1"> <h2 class="lettre">w</h2> </div> <div class="col-xs-10 col-sm-11"> <div class="articles"> <a href="en/dictionary/White-clause">White clause</a> <span class="sep">•</span> <a href="en/dictionary/withdrawal-of-the-benefit-of-a-block-exemption">Withdrawal (of the benefit of a block exemption)</a> </div> </div> </div> </div> </div> </article> <script type="text/javascript"> jQuery(function(){ // hack on appelle 1 scrollspy sur body et 1 sur window pour pas les melanger jQuery(window).scrollspy({ target: '#menu-definition', offset: 130 }); jQuery('body').scrollspy({ target: '#definition-index', 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media="(-webkit-min-device-pixel-ratio: 1.5), (min-resolution: 1.5dppx)" srcset="local/adapt-img/320/15x/IMG/png/home-7.png@.webp?1732277529 480w, local/adapt-img/640/15x/IMG/png/home-7.png@.webp?1732266627 960w, local/adapt-img/960/15x/IMG/png/home-7.png@.webp?1732270976 1440w, local/adapt-img/1440/15x/IMG/png/home-7.png@.webp?1732266622 2160w, local/adapt-img/3000/15x/IMG/png/home-7.png@.webp?1732268300 4500w" sizes="(min-width: 3000px) 3000px, 100vw" type="image/webp"><source media="(-webkit-min-device-pixel-ratio: 1.5), (min-resolution: 1.5dppx)" srcset="local/adapt-img/320/15x/IMG/png/home-7.png?1732277558 480w, local/adapt-img/640/15x/IMG/png/home-7.png?1732277174 960w, local/adapt-img/960/15x/IMG/png/home-7.png?1732277555 1440w, local/adapt-img/1440/15x/IMG/png/home-7.png?1732272968 2160w, local/adapt-img/3000/15x/IMG/png/home-7.png?1732274035 4500w" sizes="(min-width: 3000px) 3000px, 100vw" type="image/png"><source media="(-webkit-min-device-pixel-ratio: 1), (min-resolution: 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